TheGuySwann on Nostr: What's crazy about this is that its a massive asymmetric win for the first countries ...
What's crazy about this is that its a massive asymmetric win for the first countries who do this.
Especially a smaller country, if they invest as heavily as they possibly can into #Bitcoin, then when other nations get on board, they will get massive multiples of their cost back relative to the gain of everyone else.
I know that seems obvious in a way, but consider that it means a dying currency could literally save itself, by printing itself to purchase bitcoin...
It's basically like the reverse of the benefit of the world reserve gets when being printed -- they get to dilute it across all other nations. The #Bitcoin treasury *gains* value in proportion to the adoption across all other nations.
Japan should print the rest of the Yen’s value to buy #bitcoin. If not they will become a third world country very soon.
Published at
2024-06-26 19:43:27Event JSON
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